Monster Beverage price target raised to $73 from $70 at Wells Fargo

Wells Fargo analyst Chris Carey raised the firm’s price target on Monster Beverage (MNST) to $73 from $70 and keeps an Overweight rating on the shares. The firm says that “all items came together in Q225.” Wells acknowledges that there’s growing anxiety on 2026 given 2025 strength year-to-date, but notes that the company’s business has momentum, margins are improving, cash is building, long-term is constructive, and there’s probably upside bias to its higher estimates today.